The Bitcoin 2nd layer payment protocol Lightning Network has been exponentially increasing its capacity throughout the previous years. Because it was released in 2018, the network’s capability has gone from under 1,000 BTC to 1,800 BTC.
The Lightning Network was very first proposed in 2015 and operates with payment channels to enable users to send out and get faster and less expensive deals than on Bitcoin’s base layer. These deals are processed “off-chain” by lightning nodes.
2021 has been Bitcoin Lightning Network’s essential year in regards to development. As Arcane Research noted, over 800 BTC has been added to its capability given that January this year alone.
More accurately, it took 39 days for the Lightning Network to go from 1,100 to 1,200 BTC and 5 days to go from 1,700 to 1,800. This information suggest that there is high demand for